BJCHI sees recovery in 4Q after bottoming out in 3Q, supported by Bt3.2b backlog, of which Bt400m to be booked in 4Q.

DOHOME maintains FY20 SSSG target above 5%, set Bt1.2b capex to add 3-4 home improvement stores (size L) and Dohome To Go (mini store) next year.

Comment: This player is going out there and taking market share from Thai Watsadu, Homepro and Global.

ITD wins land fills contract for MRO (maintenance – repair-overhaul) facility at U-Tapao airport worth Bt338m.

Comment: Looks like the panther scandal is over for ITD. Back to business as usual. Amusing how quickly things revert to normal.

IRPC sees momentum into 4Q on recovering demand both oil and petrochemical, may book stock gains.

Comment: Generally speaking higher oil prices (or a positive upward momentum) is more positive for IRPC due to where they are in the value chain, the inverse holds for PTTGC.

NOBLE and SAWAD announced a joint investment deal to allow NOBLE to purchase 20% of total shares in SAWAD’s subsidiary SWP Asset Management, valued at Bt300m.

Comment: So will NOBLE dump their bad assets into this? Or does SAWAD (through BFIT) have a bunch of bad RE loans they have to get rid of as well?

PLE signs construction & landscape contract for AOT worth Bt1.978b.

SNC upbeats FY21 outlook from improving auto & home appliances market, expects more OEM/ODM orders next year from recovery demand for coil, metal pipe for air condition & compressors.

TU reaffirms 5% revenue growth target this year, with same 5% growth expected for next year, sets Bt6b capex for both home and overseas investments, with Bt9b cash on hands and keeps >50% dividend payout.

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